A recent NY Times article bemoans the fact that most families struggle to talk about money. Some struggle because it’s “taboo” and others because they’re afraid they’re horrible with their finances. Derek and Carrie Olsen have been completely open about their financial picture and their communication about money. We talk about why they started talking money seriously, what systems they use, and how things have changed now that they have a baby in the family. Some of the topics we cover: – Why they budget – How they communicate – How they bank – Whether they combined finances when they got married – What tools they use – How a baby changed things No matter who you share your budget with, you’ll love today’s episode!
<> Open < 1:08 > StackingBenjamins.com/Amazon < 2:18 > Derek and Carrie Olsen “In a marriage, it matters more how you talk about money and less about how much money you actually had.” – Derek “Our very first budget we did took us four hours to do.” – Carrie “It brings up issues of values and history-why you do things the specific ways you do them.” – Carrie “We made a google spreadsheet, and that’s where we track all of our money.” – Carrie “Don’t make any serious decision if you’ve been drinking wine.” – Carrie “Rent is too high…it’s too high!” – Derek “I am hardcore about combining bank accounts 100%” – Derek “We’re open, honest, and transparent about mistakes and I think that gives a more realistic picture of how money really works.” – Derek Their podcast: Better Conversations Their podcast on Stitcher: Better Conversations Derek and Carrie’s blog (and link to the conversation starter e-book): DerekandCarrie.com <> End Show We’re at the point of the contest where you might have a guess! If so, use